Chapter 3Head Knowledge – Modern Intellectual Property Rights

What Exactly are IPRs?

Intellectual property (IP) law is a major discipline within the law. The treatment in this chapter is only intended as an overview and an opportunity to explore some practical issues that will emerge for those involved in buying knowledge. Accordingly the treatment is necessarily brief and only intended to alert readers to potential pitfalls and opportunities. Specific legal advice may be necessary to determine the optimum course to adopt in particular circumstances. Intellectual property has been described as:

All those things that emanate from the exercise of the human brain, such as ideas, inventions, poems, designs, microcomputers and Mickey Mouse.... The ...

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